119 Carroll Street, Ingersoll, ON N5C 1W3

$650,000
8
BD
4
BA
3,000
SqFt

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List Price
$650,000
MLS#
X13592904
Status
ACTIVE
Type
Multifamily
SubType
Fourplex
Style
2-Storey
Bedrooms
8
Bathrooms
4
Living Area
3000-3500
Province
ON
Municipality
Ingersoll
Area
Oxford
Neighborhood
Ingersoll - South
Subdivision
Cherry Street / Carroll Street

Property Description

Fully occupied fourplex offering steady income, flexibility, and long term upside in a central Ingersoll location. This well maintained property features one dedicated parking space per unit at the rear, practical layouts, and a solid history of care with documented capital improvements. Each unit is currently tenanted, providing immediate and consistent rental income for investors seeking a turnkey opportunity with minimal vacancy risk. The unit at 100 Cherry Street offers a two bedroom layout with a kitchen, four piece bathroom, generous closet space, and elevated front access, creating a comfortable and functional living space. The unit at 100A Cherry Street features three bedrooms, a kitchen, living room, three piece bathroom, storage area, and laundry hookups, making it well suited for long term tenancy. The unit at 98 Cherry Street is a one bedroom unit with a large eat in kitchen, four piece bathroom, closet space, porch, basement access, and a newer boiler, offering efficient use of space and strong functionality. The unit at 119 Carroll Street includes two bedrooms, a spacious living room, kitchen, four piece bathroom, ample closet space, basement access, a front porch, a newer boiler, and a private driveway with parking for two vehicles. Property updates include a newer roof completed in 2020, updated windows installed at time of purchase, four rented water heaters, and a well documented expense profile, supporting ease of management and long term ownership. With all units occupied, this property provides stable cash flow and appeals to investors or multi generational buyers looking for a reliable income producing asset in a growing community.

Additional Information

Taxes
$5,911
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Kitchens
4
Exterior
Brick
Garage Type
None
Pool
None
Parking Spaces
6

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Calculator source: Real Geeks

Listing courtesy of Century 21 Heritage House Ltd Brokerage.